The General Scheme of the Central Bank (Individual Accountability Framework) Bill 2021 was published by the Minister for Finance, Paschal Donohoe, in July 2021 and is currently progressing through the Oireachtas. Enactment is anticipated within the next few months, with commencement requirements following thereafter.
Implementing the new regime will be a significant undertaking, requiring effective planning, sponsorship/engagement at the most senior levels within firms and very active cross-firm involvement.
At this member-only briefing, Ciaran Walker, Consultant, FS Regulation & Governance, Eversheds Sutherland LLP will provide an overview of the forthcoming Individual Accountability Regime, discussing its key elements of:
- Conduct Standards
- Administrative Sanctions Procedure: breaking of ‘participation link’
- Fitness & Probity
During the briefing, practical steps will be outlined that companies can engage with now to prepare for the new regime.
To reserve your place, please submit your booking.
We look forward to seeing you then.
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